Section 12.013. Salesperson application requirements.

 

(1)   Education requirements. Except as provided in sub. (3) , each applicant for a real estate salesperson's license shall submit satisfactory evidence of any of the following:

(a) Completion, within 4 years of licensure, of real estate salesperson's education under s. REEB 25.033 through an education program that has been approved by the board or nonresident salesperson education equivalency under s. REEB 25.038 .

(b) Completion of 10 semester hour credits in real estate or real estate law courses at an accredited institution of higher education. A quarter hour credit equals 2/3 of a semester hour credit.

(2)   Examination requirements. Except as provided in sub. (3) , each applicant shall read and write a comprehensive examination in English, testing the applicant's competency to transact the business of a real estate salesperson. The examination shall be in conformity with s. 452.09 (3) , Stats.

(3)   Reciprocity. An applicant who is licensed as a salesperson in a state or territory that has entered into a reciprocal agreement with this state shall be licensed according to the terms of the reciprocal agreement.

CR 15-010 : cr. Register September 2015 No. 717 , eff. 10-1-15.